2 months on rocket

1200 E 400 N, Madison, IN, 47250

$675,000

Home List Price

$8,016*

Closing Credit

4 Bedrooms
3 Full Baths
2,812 SqFt
$240/SqFt
House

Location

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1200 E 400 N, Madison$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway
Attached Garage2 spaces
Year Built2006
HeatingForced Air, Geothermal
CoolingCentral Air
BasementYes
MLS #1667579
Lot Size9.29 Acres
StatusActive

About 1200 E 400 N

Embrace the peace and quiet of the outdoors with this breathtaking home just minutes from town. This hybrid log, one-story home with a finished basement offers many unique features. The Great Room boasts a gas fireplace, solid 3/4'' hand-scraped flooring, and cathedral ceilings. The kitchen features hickory cabinets, granite countertops, a large kitchen island, two convection ovens, and an electric cooktop. The main bedroom has tray ceilings, a large walk-in closet, and a full bath. The main bathroom includes double granite lavatories and a walk-in shower with a seat and multiple jets. Adjacent to the main bedroom, an enclosed porch houses a hot tub and seating area. The two split bedrooms each have doors that lead out onto the deck. Solid wood stairs lead down to the walkout basement, where the family room features a Vermont Casting Stove with gas logs. There is an additional bedroom, day sleeping room and full bath with shower. Off the day sleeping room you will find a concrete safe room with HVAC. Outside you will find a pond stocked with Bass, Bluegill, Redear, and Crappie and treated with algaecide to give it that beautiful blue color. 2.5 acres are fenced with 5 wire high tensile fencing with electric. 40 x50 corral and run in shed great for animals and a 30x50 barn with electricity, water, and some concrete flooring. With so many wonderful features inside and outside this home, you will want to see it for yourself.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 1
  • Living Area: 2,812 SqFt

Listing Office:

  • Office Name: EXP Realty LLC

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Pond

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway

Lot Features

Lot Information:

  • Lot Size: 9.29 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Geothermal
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Madison Consolidated High School, Public District Grades 9-12
  • Madison Consolidated Jr High School, Public District Grades 6-8
  • Rykers' Ridge Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Head North on 421, then a right at the roundabout. In 0.2 miles make a left onto N Graham Rd. In 0.6 miles make a right onto E CO RD 400 N, property will be located on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $240/SqFt

Tax Information:

  • Annual Amount: $2,593
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Madison, IN.

Med. Sold Price

$222K

Med. Price/SqFt

$148

Avg. Days On Market

66

# of Sold Homes

3

1200 E 400 N vs Madison

84 DAYS ON ROCKET

+18 Days

$675,000

+$453K More

$240/SqFt

+$91 More

KEY TAKEAWAY

This property is $453K more than the Median Sold Price and $91/SqFt more than other homes in Madison, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1667579

Listing Office:

  • Office Name: EXP Realty LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,593$279,300
2018$2,515$288,300
2017$2,438$289,100

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-857889
6
/10
  • Rykers' Ridge Elementary School

  • 2485 N Rykers Ridge Rd

  • 2.31 miles

  • Public District Grades KG-5

Middle School

school-card-donut-857890
5
/10
  • Madison Consolidated Jr High School

  • 701 8th St

  • 2.51 miles

  • Public District Grades 6-8

High School

school-card-donut-857891
4
/10
  • Madison Consolidated High School

  • 743 Clifty Dr

  • 2.54 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,100. The majority of Madison, IN residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1200 E 400 N

What is the listing price of this property?

The listing price of 1200 E 400 N property is $675,000.

What type of property is this?

The property 1200 E 400 N is a house located in Madison, Indiana, 47250.

Is this property for sale now?

Active Listing: 1200 E 400 N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1200 E 400 N are:
Rykers' Ridge Elementary School: GreatSchools Rating 6/10
Madison Consolidated Jr High School: GreatSchools Rating 5/10
Madison Consolidated High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,593 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1200 E 400 N has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1200 E 400 N is 2,812 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1200 E 400 N is 2006.

Rocket Homes›Indiana›Jefferson County›Madison›47250›1200 E 400 N

This home is located at 1200 E 400 N in Madison, IN and zip code 47250. This 2,812 square foot home, which was built in 2006, sits on a 9.29 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $675,000.

In September 2024, from all listings sold in Madison, IN there were more than 0 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Madison, IN between August 2024 and September 2024 decreased by 21.1%. While the average time on the market in September 2024 was 66 days, the median list price was $222,000.

From Rocket Homes Real Estate and based on county public records data.

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